6120 KARAS WALK
About This Property
Located in the heart of Elkridge, 6120 Karas Walk is a well-maintained four-bedroom, two-bathroom home offering both comfort and convenience. A bright and inviting sunroom enhances the main living area, while recent improvements, including a new refrigerator (2024), new windows (2019), fresh carpet in the lower-level family room, and a spacious outdoor patio (2023), add modern appeal.
With easy access to US Route 1 and I-95, this home is ideally situated near Columbia, Fort Meade, shopping, dining, schools, and recreational amenities. A perfect blend of warmth and functionality, this property is ready to welcome its next owner.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017